Banking and Finance
The TaiwanICDF's core directive is to promote international cooperation and economic development. Its major activities involve lending operations, investment, and guarantees to credit facilities.
The organization's major lending activities include loans for public works infrastructure, social investment programs, agricultural development projects, private sector development, emergency recovery projects, and other relevant projects that fit into the TaiwanICDF's overall aim.
Investment operations include direct and indirect investment in local businesses and holding companies in overseas nations. The TaiwanICDF also sponsors credit guarantee operations, and overseas projects funded by the ROC(Taiwan) Government.
Descriptions of major TaiwanICDF Investment and Lending Operations are included below.
Lending Operations
Public Works Infrastructure
Support is given for construction and modernization of public infrastructure, in order to enhance the living standards of the people involved, to improve efficiency of production for businesses and to promote long term economic development.
Social Investment
Assistance is provided to improve social equity and education programs. Priority is given to projects involved in the upgrading of modern technical education and in vocational training programs. These strategies will help to meet demands in the private sector for trained professionals and will strengthen the competitiveness of the industry.
Agricultural Development
The TaiwanICDF works closely with local government agencies in the rural areas and with non-governmental organizations (NGOs) to engage itself in rural development projects that improve the quality of life for the people involved. In order to ensure the sustainability of technical assistance projects, the TaiwanICDF sets aside US$3 million as a revolving fund to finance production activities for farmers who participate in TaiwanICDF agriculture projects.
Private Sector Development
The Fund's private sector operation provides funding for capital investment in order to upgrade production technology of micro-small- and medium- scale enterprises and to create jobs. SME re-lending project and the Micro-Finance project are the core program under this sector. Credits are extended through financial intermediaries to targeted enterprises for production-related capital investment.
Emergency Recovery
Long term low interest loans are provided to people in areas that have suffered from both human and natural disasters such as hurricanes or earthquakes. One of the foci of these projects is to help people rebuild their homes and towns.
Investment Operations
Direct Investment
Direct investment is sometimes made to local businesses in developing countries based on the development assistance policy of the TaiwanICDF.
Indirect Investment
The TaiwanICDF invests in holding companies such as the Overseas Investment and Development Corporation, and the European Bank for Reconstruction and Development Financial Intermediary Investment Special Fund.
Credit Guarantee Projects
Credit Guarantee Projects
provide security for loans made to Taiwanese firms investing in businesses in countries allied with the Taiwan.
Projects Funded by the Government of the Republic of China (Taiwan)
- Loans and Investments projects financed by the Taiwan government in various countries and organizations.
- Feasibility studies financed by the Taiwan government.
